The Buckle

Real Estate

As of Oct 28, 2017, The Buckle operated 461 stores in 44 states.

In fiscal 2016, the company opened 5 new stores, substantially remodeled 19 stores, and closed 6 stores. The company closed 6 net stores in the first nine months of 2017. During fiscal 2017, the company expects to open 2 new stores.

All stores are leased, and most have terms of approximately 10 years, and generally do not contain renewal options.

Stores range in size from 2,900 to 8,475 square feet, averaging approximately 5,100 square feet, with approximately 80% used as selling space. Most stores are located in regional, high-traffic shopping malls and lifestyle centers, and the company generally seeks sites of 4,250 to 5,000 sq ft for new stores.